Business
Markets
ASX to edge higher as US jobs report calms Fed fears
The US jobs report showed that companies are still struggling to find enough workers as the economy rapidly recovers from the recession caused by the pandemic.
- by Damian Troise and Alex Veiga
Latest
‘Millions impacted’: Industry super group faces ransomware attack lawsuit
IFM has been hit with a class action that alleges millions of consumers, from large businesses to regular motorists, paid higher prices for fuel when the pipeline was closed following a ransomware attack.
- by Sarah Danckert
The very busy chairman who is ‘as Australian as they come’
The patriarch of the Washington H Soul Pattinson empire says he has no plans to retire after 22 years in the role.
- by Lucy Battersby
Opinion
Cryptocurrencies
Losing its lustre: Bitcoin’s ‘digital gold’ status dealt a blow
A rout for the digital coin has damaged its reputation as a safe haven from rising inflation.
- by Sam Benstead
It’s not over for coal as global prices surge on hot demand
Coal is seeing a dramatic spike in demand just as several major miners are hit with production problems, sparking a jump in prices.
- by Dan Murtaugh and Vanessa Dezem
As it happened: ASX hits 7300 as record rally rolls on
The major banks, CSL, Telstra, and Woolworths helped the ASX 200 hit a new record high on Friday, and record a third straight weekly gain.
- by Alex Druce
Updated
World markets
ASX set to edge higher; AMC swings sharply on Wall Street
The ASX is set to inch higher at the open after a dour day on Wall Street, with meme stock AMC having another wild day.
- by Damian Troise and Alex Veiga
Opinion
World markets
Why you shouldn’t ignore the AMC share frenzy
Dismiss the AMC whirlwind at your peril. It is part of a much wider phenomenon that is a sign of the changing investment landscape.
- by Mohamed A. El-Erian
As it happened: Record-setting ASX pushes higher, up $35b in two days
The ASX 200 hit new highs on Thursday, closing 0.6 per cent higher at a record 7260.1. Energy, technology, and utility firms were the standouts.
- by Alex Druce
AMC embraces its meme stock status, shares jump by 96 per cent
AMC shares jump by 95 per cent as it embraces the horde of fanatical investors who helped shock its price back to life with a new program.
- by Michelle Chapman and Stan Choe
Updated
World markets
ASX eyes gains on back of another choppy Wall Street session
ASX poised for a positive start to the session as Wall Street swung between small gains and losses.
- by Damian Troise and Alex Veiga